The U.S. is projected to experience worsening conditions towards the end of 2022 and into the first half of next year. In the next six months, the market will only present more challenges, volatility, and uncertainty for executives as they lead their organizations through turbulent times. But, in any downturn, there are always opportunities for companies to grow revenue as businesses and consumers modify their habits.
How can you identify and capitalize on growth opportunities for your company during a recession in 2023?
Danielle Marceau, principal economist and the director of analytics at Prevedere, provides insights into the ways that executives can spot growth opportunities within the products and services that their company already offers.
Additionally, here are a few of the important topics that Danielle covers:
Five industries that should grow as a result of the recession
Economic trends that will impact a company’s growth strategy
Scenario planning for recessionary conditions
About Prevedere, Inc.
Prevedere is the world’s leading provider of predictive analytics technology and solutions based on econometric modeling, enabling intelligent enterprises to understand and quantify the impact of external factors as part of their strategic planning and forecasting. Our global data repository and patented AI platform enable financial executives and operational planners to identify market drivers, quantify the future impact of economic volatility, generate performance forecasts, and optimize plans based on market foresight.
Prevedere’s automated AI model monitoring provides an early warning system when unplanned market shifts and anomalies are predicted, enabling planners to future proof business performance. Many of the world’s leading consumer packaged goods, retail, logistics, and manufacturing companies leverage Prevedere to generate economic intelligence, spot market opportunities, mitigate risks, and deliver exclusive competitive advantage.